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    December 11, 2018

    October Apparent Steel Supply Rises to 9.6 Million Tons

    Written by Brett Linton

    October apparent steel supply increased to 9,557,437 net tons, according to government data released late last week. Apparent steel supply is calculated by adding domestic steel shipments and finished U.S. steel imports, then subtracting total U.S. steel exports.

    October apparent steel supply saw a 201,816 ton or 2.2 percent increase compared to the same month one year ago. This change was due to an increase in domestic shipments of 463,977 tons or 6.0 percent and a decrease in total exports of 264,792 tons or 29.6 percent, mostly counteracted by a decrease in finished imports of 526,954 tons or 20.7 percent.

    Brett Linton

    Brett Linton is a digital operations analyst for Steel Market Update, where he began his career. Linton has been in the steel industry since 2010. He has held roles as a category manager and strategic insights director at Reibus before returning to SMU in 2024. He is a graduate of The University of North Georgia with a degree in Finance and Accounting. Brett can be reached at brett@steelmarketupdate.com or 724-314-0179.

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